HK Stock Market Move | HAITIAN INT'L (01882) fell over 4% after earnings report, with interim profit attributable to shareholders decreasing by 7.7% year-on-year, and sales in some overseas regions have declined.
Haitian International (01882) fell over 4% after its earnings report, dropping 4.28% to HKD 18.78 as of the time of writing, with a trading volume of HKD 17.9177 million.
HAITIAN INT'L (01882) dropped over 4% after the earnings announcement, falling 4.28% to HKD 18.78, with a transaction volume of HKD 17.9177 million.
On August 24, HAITIAN INT'L announced its interim results for 2026, reporting revenue of approximately RMB 9.102 billion, a year-on-year increase of 0.9%; the profit attributable to shareholders was around RMB 1.58 billion, down 7.7% year-on-year; and basic earnings per share were RMB 0.99.
In the domestic market, the new energy vehicle industry chain and the high-end 3C sector maintained a prosperous trend, while the home appliance industry stabilized marginally under supportive policies, resulting in the company achieving domestic sales of approximately RMB 6.021 billion in the first half of the year, a year-on-year increase of 15.8%.
In the overseas market, Chinese companies' expansion faced a phase of slowdown due to cost impacts from energy prices, and some regions, represented by Southeast Asia, saw a year-on-year decline in sales due to last year's high base, leading the company to report overseas sales of approximately RMB 3.081 billion, a year-on-year decrease of 19.3%.
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